2 bedroom apartment for sale
16 Alder Avenue, Hedge End, SO30 0AS
Share percentage 25%, full price £220,000, £2,750 Min Deposit.
Share percentage 25%, full price £220,000, £2,750 Min Deposit.
Monthly Cost: £833
Rent £417,
Service charge £103,
Mortgage £313*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Please note that eligibility conditions apply and applicants will be means tested for affordability. You may be assessed to purchase a larger share than advertised depending on your finances. Prices are subject to change.
Applicants with local connections may take priority.
Summary
VIVID is pleased to offer this resale, 2-bedroom, first floor Shared Ownership apartment for sale. Available from a 25% share situated in Hedge End, Southampton.
Description
The property comprises a modern open plan kitchen and reception, two bedrooms and a family bathroom with shower over bath. The property also benefits from one allocated parking space and approximate floor area is 52m2.
There are good transport links with the M27 being close by along with a range of local amenities.
Please seek consent from VIVID for pets.
Key Features
Modern open plan apartment.
One allocated parking space.
Particulars
Tenure: Leasehold
Lease Length: 989 years
Council Tax Band: B
Property Downloads
Energy CertificateMap
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
- Service Charge: Covers maintenance and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 25%, full price £220,000, £2,750 Min Deposit. Calculated using a representative rate of 5.26%
